Markets extended their winning streak on Friday, supported by encouraging quarterly business updates. Nifty strengthened its bullish structure by surpassing the 200-day EMA, positioning for further gains. ITC reported a net profit drop while revenue rose, and Maruti Suzuki saw a net profit decline. Sun Pharma reported net profit growth, and PNB has no immediate plans to monetize subsidiaries.

Nifty climbs past 24,400 as financial and auto stocks rally, while IT sector experiences profit booking amid market gains.

Indian equity benchmarks extended gains for a third straight session on Friday, with the Sensex rising 166 points and the Nifty closing above 24,380. Bajaj Finance and Bajaj…